Southern Foods Group, LLC filed a motion in the US Bankruptcy Court for the sale of certain assets on July 10, 2020. The debtor seeks the Court’s approval for the sale of certain assets to DPIF3 Acquisition Co LLC, in a private sale, for a purchase price of $48.25 million in cash pursuant to the asset purchase agreement. The debtor’s assets include Hayward Property. The sale hearing is scheduled for July 22, 2020. The proceeds from the sale would be used to pay off the amount owed to the debtor’s pre-petition lender.